• Property Type
  • Single Family Residence, Residential
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1560 Sqft
  • Area Size
6065 State Road 42 , Poland, IN 47868
  • $165,000

Description

This home could be converted to a 4BR 2BA home or could be the income opportunity near Cataract Lake you been looking for. Many possibilities, but currently rented as a duplex. Rent needs to be raised, but seller has kept long time tenants at same rate. This could be converted to a home easily. Sitting on SR 42 so many possibilities. Each unit has 2 large bedrooms and a bath and large living room space. This could be a 4-bedroom 2 bath home and bought with a low-down payment government loan. Could be financed FHA with someone living in one side and rent the other to help make the payment. This is part of the Ahlemeyer Highland Lakeview Association so lake access with dock rental could be available if there are openings in a short distance the state boat dock ramp for Cataract Lake for fishing, swimming and boating. Access to convenient shopping and events in the local community or great commute to I-70 for all other needs. Possibility of buying up to 5 duplexes. High fiber internet is available. Cataract water and dumpster paid by owner, electric paid by tenant. Room measurements are approximate and realize they are for a duplex and kitchen would be converted into a bigger size.

  • Address: 6065 State Road 42
  • City: Poland
  • State/county: IN
  • Zip/Postal Code: 47868

Details

Updated on April 2, 2025 at 10:03 pm
  • Property ID 21997104
  • Price $165,000
  • Property Size 1560 Sqft
  • Land Area 0.54 Acres
  • Bedrooms 4
  • Rooms 8
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1992
  • Property Type Single Family Residence, Residential
  • Property Status Expired

Additional details

  • Association Fee 380
  • Cooling Window Unit(s)
  • Heating Baseboard
  • County Owen
  • Property Type Residential
  • Elementary School Cloverdale Elementary School
  • Middle School Cloverdale Middle School
  • High School Cloverdale High School
  • Architectural Style Ranch

Features

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Contact Information

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Preeti Chaggar

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